Stock Worth Mentioning: Is Selling Stock Like Revlon Inc After Such Decline Winning Strategy?

Stock Worth Mentioning: Is Selling Stock Like Revlon Inc After Such Decline Winning Strategy?

The stock of Revlon Inc (NYSE:REV) is a huge mover today! The stock decreased 7.64% or $2.45 on November 4, hitting $29.6. About 130,865 shares traded hands or 122.20% up from the average. Revlon Inc (NYSE:REV) has declined 12.10% since April 4, 2016 and is downtrending. It has underperformed by 13.19% the S&P500.
The move comes after 8 months negative chart setup for the $1.50B company. It was reported on Nov, 4 by Barchart.com. We have $27.53 PT which if reached, will make NYSE:REV worth $105.00 million less.

According to Zacks Investment Research, “Revlon, Inc. conducts its business exclusively through its subsidiary, Revlon Consumer Products Corp. and its subsidiaries. They manufacture, market and sell an extensive array of cosmetics and skin care, fragrances and personal care products. Their brand names are REVLON, COLORSTAY, REVLON AGE DEFYING, ALMAY and ULTIMA II in cosmetics; MOON DROPS, ETERNA 27, ULTIMA II and JEANNE GATINEAU in skin care; CHARLIE and FIRE & ICE in fragrances; and FLEX, OUTRAGEOUS, MITCHUM, COLORSTAY, COLORSILK, JEAN NATE, PLUSBELLE, BOZZANO and COLORAMA in personal care.”

Insitutional Activity: The institutional sentiment increased to 1.91 in 2016 Q2. Its up 0.49, from 1.42 in 2016Q1. The ratio increased, as 3 funds sold all Revlon Inc shares owned while 20 reduced positions. 10 funds bought stakes while 34 increased positions. They now own 8.10 million shares or 1.56% more from 7.97 million shares in 2016Q1.
The Switzerland-based Zurcher Kantonalbank (Zurich Cantonalbank) has invested 0% in Revlon Inc (NYSE:REV). Qs Invsts Llc holds 0% of its portfolio in Revlon Inc (NYSE:REV) for 16 shares. The Illinois-based Ubs Asset Management Americas Inc has invested 0% in Revlon Inc (NYSE:REV). Blackrock Fund Advisors accumulated 0% or 281,106 shares. Ladenburg Thalmann, a Florida-based fund reported 200 shares. Tiaa Cref Invest Management Lc holds 44,299 shares or 0% of its portfolio. Goldman Sachs Group Inc owns 13,521 shares or 0% of their US portfolio. Deutsche Bancorp Ag owns 5,646 shares or 0% of their US portfolio. Wellington Management Group Ltd Liability Partnership holds 267,152 shares or 0% of its portfolio. Geode Cap Management Llc last reported 89,163 shares in the company. Paradigm Asset Mgmt Co Lc, a New York-based fund reported 12,950 shares. Moreover, Blackrock has 0% invested in Revlon Inc (NYSE:REV) for 2,665 shares. Menta Cap Ltd Liability Corporation owns 14,174 shares or 0.06% of their US portfolio. The Switzerland-based Credit Suisse Ag has invested 0.01% in Revlon Inc (NYSE:REV). California State Teachers Retirement Sys has invested 0% of its portfolio in Revlon Inc (NYSE:REV).

More recent Revlon Inc (NYSE:REV) news were published by: Seekingalpha.com which released: “More on Revlon’s Q3” on November 04, 2016. Also Fool.com published the news titled: “Why Revlon, Inc. Shares Jumped 17.7% in February” on March 09, 2016. Seekingalpha.com‘s news article titled: “Revlon to acquire Elizabeth Arden for $14/share in cash” with publication date: June 16, 2016 was also an interesting one.

REV Company Profile

Revlon, Inc., incorporated on April 24, 1992, makes, markets and sells around the world a range of beauty and personal care products, including color cosmetics, hair color, hair care and hair treatments, as well as beauty tools, men’s grooming products, anti-perspirant deodorants, fragrances, skincare and other beauty care products. The Firm operates through three divisions: Consumer, Professional and Other. The Firm conducts its business through its subsidiary, Revlon Consumer Products Corporation (Products Corporation) and its subsidiaries.

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